Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Atlantic Online's Marc Armbinder: "Obama's Cool Burn Rate"...Much lower than his opponents

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-16-07 01:49 PM
Original message
Atlantic Online's Marc Armbinder: "Obama's Cool Burn Rate"...Much lower than his opponents
Obama's Cool Burn Rate
Marc Ambinder

16 Jul 2007 11:48 am

The most interesting figure available to us today, as we pour over the 2nd quarter financial disbursements, is the average burn rate, which is calculated by adding the money spent plus ddebt, and dividing that by the amount of money raised for the primary elections.

In Obama's case, that's $16M spent + 0.92M debt divided by $32M raised -- or 53%.

Even though Obama spent more than Clinton -- either a little if you count debt or a lot -- he managed to keep half of what we took in. His fundraising will simmer down a bit in the third quarter, but it's fairly easy to imagine that he'll gave $25M or so in the bank come January, which will give him more than enough money to blanket the early (and later) primary states with those biographical ads that Obama's team loves to make.

Clinton burned through 73 cents out of every primary dollar she raised. That's a lot, but it's still an impressive figure. John Edwards spent 74 cents out of every dollar raised; Bill Richardson spent about 71 cents for every dollar raised.

Joe Biden spent a whopping 104% of his receipts, and Chris Dodd spent nearly 133% of his primary money raised.

On the Republican side, Mitt Romney spent nearly 100% of what he raised -- he had to kick in $5M or else his burn rate would have approached Dodd-like levels. John McCain spent 128% of his receipts. Rudy Giuliani saved 28 cents on every dollar with a burn rate of 72%.

http://marcambinder.theatlantic.com/archives/2007/07/ob...

Printer Friendly | Permalink |  | Top
Grandrose Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-16-07 02:24 PM
Response to Original message
1. K&R
Thanks, very interesting article! As my grandmother used to say...a penney saved/a penney earned! :) :kick:
Printer Friendly | Permalink |  | Top
 
Kagemusha Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-16-07 02:53 PM
Response to Original message
2. I find the Republican numbers a lot more interesting somehow.
Money may not be everything but, there's a historical Republican advantage in fundraising...
Printer Friendly | Permalink |  | Top
 
Scriptor Ignotus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-16-07 03:36 PM
Response to Reply #2
4. heard an interesting theory on Washington Journal
that Repubs don't like the candidates and are waiting until the nominee is chosen before donating their money. makes sense, but I expect their numbers to be far less than in other years, unless of course Hillary is the Dem nominee. In that case their numbers will surpass all previous records...
Printer Friendly | Permalink |  | Top
 
jackbourassa Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-16-07 03:36 PM
Response to Original message
3. I guess Obama's just better with money...
Obama currently has $1 million more than Clinton in the bank, if my memory serves. That's with Hillary having a $10 million head start.

My prediction is that Obama will have a $20 million advantage come primary time.
Printer Friendly | Permalink |  | Top
 
Ethelk2044 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-16-07 06:16 PM
Response to Original message
5. Go Obama!
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sat Aug 30th 2014, 11:44 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC